Trevena (NASDAQ:TRVN) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Trevena, Inc. (NASDAQ:TRVN – Get Free Report) shares passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $0.01 and traded as low as $0.0004. Trevena shares last traded at $0.0005, with a volume of 4,129 shares.

Trevena Trading Down 99.2%

The business has a 50-day moving average price of $0.01 and a 200 day moving average price of $0.01.

About Trevena

(Get Free Report)

Trevena, Inc is a biopharmaceutical company focused on developing medicines for central nervous system disorders, with an emphasis on addressing the limitations of existing opioid and other neurological therapies. The company was founded in 2007 and is headquartered in Chesterbrook, Pennsylvania.

Trevena’s principal commercial product is OLINVYK (oliceridine) injection, an intravenous opioid approved by the U.S. Food and Drug Administration for the management of acute pain in adults severe enough to require an intravenous opioid analgesic.

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